PALMOILMAGAZINE, PEKANBARU – Based on information provided by the Fresh Fruit Bunch (FFB) Team of Plasma Smallholders and FFB Documents from Riau Province Number 34 dated August 30 to September 5, 2023, it has been determined that the price of 9-year-old FFB will experience an increase of Rp 115.26/kg, reaching Rp 2,576.36/kg.
Here is a breakdown of FFB price details in Riau Province as reported by Palmoilmagazine.com through the Plantation Agency of Riau Province:
– 3-year-old FFB: Rp 1,963.62/kg
– 4-year-old FFB: Rp 2,246.72/kg
– 5-year-old FFB: Rp 2,387.50/kg
– 6-year-old FFB: Rp 2,494.64/kg
– 7-year-old FFB: Rp 2,545.77/kg
– 8-year-old FFB: Rp 2,576.10/kg
– 9-year-old FFB: Rp 2,576.36/kg
– 10-20-year-old FFB: Rp 2,560.22/kg
– 21-year-old FFB: Rp 2,516.78/kg
– 22-year-old FFB: Rp 2,474.30/kg
– 23-year-old FFB: Rp 2,429.83/kg
– 24-year-old FFB: Rp 2,380.66/kg
– 25-year-old FFB: Rp 2,325.85/kg.
Crude palm oil (CPO) is Rp 11.161,23/Kg, palm kernel (kernel) is Rp 5.189,07/Kg, shell is Rp 23.00/kg, indirect operational cost: 1,43%, with K index 92,67%. (T2)
Disclaimer: this is from what local agency decided; it could be different from the spot.